File

A
PROJECT REPORT
ON
Bachelor of Business Administration
[B.B.A]
Semester-IV
By
[BALDANIYA MAHESH B.]
S.Y.B.B.A
Roll No :[05]
SUPERVISING TEACHER
[
]
AMBABA COMERCE COLLEGE
&
MANIBA INSTITUTE OF BUSINESS
MANAGEMANT
SABARGAM
[ JUNE 2010 ]
1
This is to certify that the project entitled
“A PROJECT REPORT ON ape PIAGGIO PVT LTD”
Submitted in partial fulfillment of the requirements of
VEER NARMAD SOUTH GUJARAT UNIVERSITY,
SURAT in record of bonofide general study work carried
out by BALDANIYA MAHESH B. Under my
supervision
The project or any part of it has not been previously
submitted for any degree.
I/c Principal,
Dr.yogesh N Vansiya,
Ambaba Commerce College & MIBM,
Sabargam.
Date:
Place:
2
I declare that the project entitled,” a study on
project report on general training at ape PIAGGIO
COMPANY LIMITED, SURAT Submitted for the partial
fulfillment of the requirement of VEER NARMAD
SOUTH GUJARAT UNIVERSITY, SURAT in record of
bonofide general study work carried out under the guidance
of Mr. Devendrasingh chauhan at Ambaba Commerce
Collage & Maniba Institute of Business Management,
Sabargam.
The project or any part of it has not been
previously submitted for any degree.
Signatures of student
Baldaniya Mahesh B
Date:
Place
3
I have undergone the project work at “ape PIAGGIO
PVT LTD”.I have collected the information, which is included in this
report. I take the opportunity to express the feeling of grateful towards Veer
Narmad South Gujarat University for the project work of S.Y.B.B.A.
I also thank to PROF. J.G.PARMAR, the co-coordinator
of AMBABA COMMERCE COLLEGE & MANIBA INSTITUTE OF
BUSINESS MANAGEMENT for giving me an opportunity for project
work at ape PIAGGIO PVT LTD, and I also express my guide PROF. for
his valuable guidance and help through out my project.
I really thank to Director PAVUN PAL SINGH and
CEO of ape PIAGGIO PVT LTD, TRUN PAL SINGH and also sales
manager SIVABHAI SOLANKI for their co-ordination and help in
accomplishing my project report at this moment. I am also very much
thankful to all those who supported me during the deed of the project work.
Yours faithfully,
BALDANIYA MAHESH B,
S.Y.B.B.A (Sem-IV)
ROLL NO (05)
Date:
Place:
4
CHA.NO
PARTICULARS
PAGE
NO
9
1.
HISTORY AND DESIGN
PIAGGIO IN INDIA
GLOBAL OVERVIEW OF PIAGGIO
HISTORY AND DESCRIPTION
18
COMPANY PROFILE
BRANCHES OF PIAGGIO
MANAGEMENT OF ape PIAGGIO
23
MEANING OF SALES
PRODUCT
PRODUCT RANGE & QUALITY
FINANCE Department
MEANING OF FINANCE
PROFIT & TURNOVER
BALANCESHEET OF ape PIAGGIO
5
47
Human Resource Department
52
MEANING OF H.R.M
MEANING OF RECRUITMENT
MEANING OF SELECTION
H.R PLANNING
TRAINING & DEVELOPMENT
6.
LIMITATION OF STUDY
62
7.
CONCLUSION
63
8.
BIBLIOGRPHY
64
6
7
In today’s “competitive world”, truk sector become more
and more popular like light vehicles and heavy vehicles. Therefore all truk
companies are taking all steps and activities for capture more and more
market share. Main objective of any truk company is to provide qualitative
product and best services after sales. The ape PIAGGIO PVT LTD Provides
newly launched products and better services after sales to their customers.
This project involves organizational study of The ape
PIAGGIO PVT LTD. The organizational study includes all routine
functions, services and non routine functions.
This project involves study of all department of company
like financial department, human resource department, and marketing
department.
The project report mainly based on direct observation and
secondary data.
8
HISTORY AND DESIGN
PIAGGIO IN INDIA
GLOBAL OVERVIEW OF PIAGGIO
HISTORY AND DESCRIPTION
9
HISTORY AND DESIGN
The vehicles come in various configurations such as vans and pickups for
load carrying and auto rickshaw for human transportation. More recently
Piaggio have made lifestyle models such as the ape Cross Country and the
ape Web aimed at the young.
An ape used for pizza delivery
The ape is also commonly used as a promotion tool. Advertising hoardings
marketing companies are mounted in the load bay. The Ape's unusual looks
can help draw attention to a brand or business. The Ape is a common sight
in Italy where its compact size allows it to navigate narrow city streets and
park virtually anywhere. It's also often seen at the roadside where the load
area is used as an impromptu market stall by farmers. The Ape is produced
in India by Piaggio India, and a similar vehicle is manufactured by Bajaj
Auto. In India the Ape is most commonly found in the form of an auto
rickshaw or (tuk-tuk). Nowadays 2 model ranges are offered- The "Ape50"
with a 49.8cc Petrol Engine and the larger "Ape TM" which comes available
with a 218cc Petrol engine or a 422CC Diesel engine. The "Ape50" can
carry 170 kg while the "TM" can carry 700 kg.
A limited edition named the Calessino was made available this had retro
styling and came in an auto rickshaw body. The bodywork was close to the
Ape of the 1950s and 1960s and was designed to evoke memories of the era
of dramatic economic growth in Italy known as La Dolce Vita.
10
PIAGGIO IN INDIA
Piaggio entered India in 1998 through a joint
venture with Greaves Limited to manufacture three-wheeler. Piaggio
had a majority stake of 51 per cent in this joint venture. Three years
later in August 2001, Piaggio went on to acquire the 49 percent
holding of Greaves Limited and the company, Piaggio Vehicles
Private Limited (PVPL), became a 100 per cent subsidiary of Piaggio
SpA. Since then the company has achieved phenomenal growth in its
revenues - an average growth of more than 40 percent has been
realized, year on year. The Indian operations, ably spearheaded by
Ravi Chopra, Chairman and Managing Director, have today become
a key focus area and a significant destination for the Group's overall
business.
The company has its state-of-the-art plant at
Baramati (Maharashtra), with a fully automated conveyor line
production facility, computerized paint shops and advanced R & D
facilities. Way back in 1999, the company had started its production
activities with only 40 vehicles per day. Today it has grown to a scale
where it manufactures 500 vehicles in a day. The company has
successfully utilized Pune as a strategic hub for its marketing and
11
sales network, which has grown to over 240 dealer locations
providing 420 outlets for sales and service across the country.
The company employs around 1,200 people in India. It has seven
regional offices and fourteen branch offices all over the country. This
is perhaps one of the largest and best-organized distribution networks
for three wheeler in India.
In the last few years, PVPL has emerged as
the second largest three-wheeler manufacturer in India. With an
overall market share of 33 per cent, the company today has
maintained its leadership in the three-wheeler cargo segment with a
share of 39 percent. It also has a significant 30 percent share in the
passenger segment.
PVPL has also begun to export its ape' vehicles
from India to many countries including Argentina, Peru, Sudan, Sri
Lanka, Mexico, South Africa, Cuba and Bangladesh. Till recently
PVPL's focus was on catering to the increasing domestic market
needs in India, however it now has aggressive plans for a major
thrust on the export front in the coming years. The company expects
10-15 per cent contribution to its turnover from exports in the future
years.
12
GLOBAL OVERVIEW OF PIAGGIO
Piaggio originated more than 120 years back in
1884 in Pontedera (Pisa, Italy) when its founder Renaldo Piaggio
expanded his family woodshop into a sawmill and started making
wooden fittings and furniture for ships. In 1906 the company went on
to add railway cars, cars, trucks, trams, motor boats and airplanes to
its product mix. But after World War II, the company lost most of its
manufacturing plants due to bombings. In the late 1940s, seeing the
potential for cheap transportation in Italy, the company launched its
two-wheeler under the brand name Vesta.Vesta not only became a
hit in Italy, but also went on to sell in more than 100 countries by the
1960s and revolutionized the two wheeler industry across the globe.
Today the Piaggio Group is one of the world's top
manufacturers of two-wheeler. It acquired the Aprilia Group in
December 2004 bringing the Aprilia brand of motorcycles under its
fold. With this acquisition, Piaggio became one of the world's top four
players in the two-wheeler business, with consolidated leadership in
the European two wheeler market. Its product portfolio includes
scooters, motorcycles and mopeds in the 50cc to over 1,000cc range
and comprises the Piaggio, Vesta, Gilera, Derbi,Aprilia, Guzzi and
13
Scarabeo brands. It also manufactures three-wheeled and fourwheeled light transportation vehicles under the (LTV) ape', Porter and
Quargo ranges.
Globally the Group has five R & D canters and is
currently present in more than 50 countries with an employee base of
around 6,500 people. For the year ending December 2005, it
achieved sales of Euro 14.6 billion, a 16.3 per cent growth over the
previous year. The Group was family run almost continuously since
its 1884 founding. It went public on the Milan stock exchange in 2006.
Immsi S.p.A., an industrial and services holding company, listed on
the Milan Stock Exchange, controls the Group with 56.188 per cent
stake. Mr. Roberto Colaninno, Chairman and Chief Executive Officer
of the Piaggio Group also heads Immsi S.p.A.The company's shares
were admitted for trading on Boras Italian’s automated trading
system, Milan Mercator Telemetric in July 2006.
14
KEY FACTORS OF SUCCESS
IN INDIA
Creditable and empowered local management
Piaggio's success story in India is a typical case example of how a
global company can effectively use its global processes in a local
environment by customizing its product market and fine tuning its
business model to suit the Indian market. The company's growth and
performance reflects a creditable and empowered local management,
which has effectively evolved its business model on the basis of three
principles.
Commitment at the global level
Empowered local level management
Localized product / market mix
Driven mainly by the local management, today
the company is seeing its vision unfold into a reality. Its remarkable
growth and achievements today are
the result of the total commitment, dedication and hard work of a
“winning team”.
15
HISTORY AND DESCRIPTION
1947-1952 – Ape A: 125cc engine, wooden pick up bed, front fork
mounted to the left of the wheel hub and column mounted gear lever.
1952-1956 – Ape B: similar to the A model but with a 150cc
engine, a pressed steel cargo bed, front fork mounted to the right of
the wheel hub and cable operated gear change.
1956-1967 – Ape C: Still sporting a 150 cc engine but with a major
redesign: the first Ape with an enclosed cab, the engine uses a 5% oil
mix and is sited under the driver's seat. It was still manually started,
but electric start was optional.
1967-1974 – Ape D: 175cc engine. Featured a trapezoidal
headlight fitted on the bulkhead rather than the mudguard and an
intake valve that allowed the engine to run with a 2% oil mix. The
first Ape with cab heater.
1965-1973 – Ape E: Identical to the D model but with a 150cc
engine.
1968-1978 – Ape MP: MP stood for Motors Posteriors (Rear
Engine), the engine was moved from the cab to the rear to improve
comfort.
16
1970-1978 - ApeE/400R: 175cc engine and minor changes.
1979-1981 – Ape P: 175cc, with minor changes.
1981-1993 - Ape500: 175cc, new bulkhead with two headlights.
1993-to now - Ape50: 49,8 cc, redesign of the headlights
incorporating side lights.
1993-to now – Ape TM: 218cc petrol and 412cc diesel variants.
Maximum speed for the petrol version is 60 km/h, 63 km/h for the
diesel version.
1994-to now – Ape Web, 49,8cc engine, redesigned headlights
front and rear.
2000-to now – Ape Cross 50: sport-look restyling of preceding
Ape Web.
2006-to now – Ape Classic, built in India with a Lombardini
422cc Diesel engine.
17
COMPANY PROFILE
BRANCHES OF PIAGGIO
MANAGEMENT OF ape PIAGGIO
18
BOARD OF DIRECTORS
NAME
DESIGNATION
Mr. Trun Pal Singh
C.E.O
Mr. Pavun Pan Singh
Director
Mr. Sivabhai Solanki
Finance Manager
Ms. Neha Purohit
Human Resources Manager
Mr. Devendarsingh Chauhan
Sales Manager
Mr. Sivam Ranipat
General Manager
KEY EXECUTIVES
NAME
DESIGNATION
Ms. Radhika Patel
Show room in charge
Mr. Vishal Purohit
Work shop Supervisor
Mr. Sureshbhai Mehta
Spear part Manager
19
BRANCHES OF PIAGGIO

PIAGGIO Vehicles Private Limited, 102,’PHOENIX’, Bund
Garden Road, Pune.

Ape PIAGGIO pvt ltd, Puna Kumbhariya Road, Near TATA Car
Show Room, Surat.
 Ape PIAGGIO truk plus, Kakrapar Road, City light Building, Vyara.
 Ape PIAGGIO Vehicles pvt ltd, College Road, Thala, Chikhli.
SAI AUTO POINT, Dhuliya High way, Vankvel, Sonagdh.
20
The Board of Directors and the Management of PIAGGIO
Group are committed to the enhancement of its products and services,
through sound business decisions, prudent financial management and
high standards of ethics throughout the organization, by ensuring
transparency and professionalism in all decisions and transactions and
achieving excellence in Corporate Governance by conforming to, and
exceeding wherever possible, the prevalent mandatory guidelines on
Corporate Governance and by regularly reviewing the Board processes
and the Management systems for further improvement
21
C.E.O
Tarunpal
Singh
Director
Pavunpal
Singh
H.R
Manager
Neha Purohit
Sales Manager
Devendra
Singh
Chauhan
Work
Manager
Spare Part
Manager
Shivam Rajput
Sureshbhai
Mehta
22
Finance
Manager
Shivabhai
Solanki
MEANING OF SALES
PRODUCT
PRODUCT RANGE & QUALITY
23
Sales assume that consumers typically show buying inertia or
resistance and must be coaxed into buying. It also assumes that the company
has a whole battery of effective selling and promotion tools to stimulate
more buying.
Sales hold that consumers and businesses, if left alone, will ordinarily
not buy enough of the organization’s products. The organization must,
therefore, undertake an aggressive selling and promotion effort.
The selling concept is practiced most aggressively with unsought
goods, goods that buyers normally do not think of buying, such as insurance,
encyclopedias, and funeral plots. These industries have perfected various
sales techniques to locate prospects and hard sell them on their product’s
benefits.
24
Definition:
“A product is anything that can be offered to a market for attention,
acquisition, use or consumption that might satisfy a want or need. It includes
physical objects, services, persons, places, organization and ideas.”
“A product is a bundle of utilities consisting of various product
features and accompanying services”
“A product is a set of tangible and intangible attributes, including
packaging, colour, price, manufacture’s prestige, retailer’s prestige, and
manufacture’s and retailer’s services, which the buyer may accept as
offering satisfaction or wants or needs”
25
PRODUCT RANGE AND QUALITY
PVPL's product range in India includes one
tonner pick-up vans, delivery vans, special purpose vehicles and
passenger vehicles. The company has developed close to fifty
customized applications to cater to various product requirements of
industries like fast moving consumer goods, mineral water, waste
disposal, ice cream, poultry etc.
These vehicles are engineered for remarkable
fuel efficiency, rugged performance and high load carrying capacity.
They are extremely environment friendly and conform to the most
stringent emission norms. Piaggio Ape' is today the first choice with
over 4,00,000 customers because of its high mileage, low operating
cost and an extended warranty of twenty months.
26
LARGE DOMESTIC PRODUCT
The rapid industrialization and growth in the
Indian economy and the resulting need for logistics management has
driven PVPL's growth in the country. Going forward, transportation of
man and material will continue to improve, given the growth targets of
the Indian economy in the Tenth Five Year Plan. The need will further
get enhanced with the development of the rural sector. Given this
growth potential the company envisages a growth of 15 per cent per
annum for itself over the next five years.
The goods transportation sector in India is also
witnessing a major shift in focus and is developing into a “hub and
spoke” model. Whilst multiple axle, tractor-trailer large size vehicles
are today dominating inter city transportation system, smaller threewheeler and light commercial vehicles are catering to the movement
of goods within a city. This shift in focus is expected to generate a
large requirement for the smaller commercial vehicles, including
three-wheeler.
27
AUTO RICKSHAW
Ape XTRA LD
Ape XTRA BS.3
Ape XTRA
ELIVENTY VAN XTRA
Ape CNG XTRA
NG HIGH BODY
PE TRUK
PE TRUK PLUS
28
PRODUCTS OF ape PIAGGIO
29
ape
Truk Plus
TECHNICAL SPECIFICATIONS
Engine
Type
Twin cylinder DI (direct
injestion)
4-dtroke, naturally aspirated,
water Cooled diesel engine.
Max. Engine Output
12.67 kw@3600 rpm/ 17 hp
Max. Torque
43.5 nm
Capacity
870 cc
clutch
Single plate dry friction
diaphragm type
Synchromesh -5 forward,
1 reserve
Gear Box
30
Hydraulic dual circuit TMC self
adjusted
Brakes
Front
Disc
Rear
Drum
Mechanical at rear wheels
Parking
Monocoque chassis with pressed
steel long members
Chassis
Front
Suspension
McPherson strut with coils
Hydraulic double acting telescopic
shock absorbers with anti-roller
Rear
Twist beam cross arm, hydraulic
double acting telescopic shock
absorbers
155 R 13 Radial
Tyres
Chassis
Dimensions
In mm
Overall length
3675
Wheel base
1820
Max. width
1460
Max. height
1750
Cargo deck
( L*W*H )
2240*1460*440
Min. Ground
Clearance
170
31
Min. Turning
Circle Radius
3.85 m
Fuel Tank
28 liters
Max. grade ability
18%
Performance
Max speed
Weights
(In Kg)
65 KMPH
Gross Weight
1810
Kerb Weight
810
Payload
1000
Driver + 1
Seating
Roof lamp with integrated rear
view mirror
Both sides sun visors
Clear lens headlamp with
integrated blinkers
add-on
accessories
32
ADVANTAGES
Well designed comfortable cabin.
Ergonomically designed seats.
Conveniently located controls.
Single piece wind screen for better visibility.
Anti dive suspension system.
Heavy duty gear box.
Specially designed steering column.
Instant self start switch for a quick, convenient and effortless start.
Maximum Loadability ( Bigger deck size )
Maximum Pick up
Ideal for Inter city Traffic
Lowest Maintenance Cost
33
ape
CARGO
CNG
TECHNICAL SPECIFICATIONS
Engine
Type
:
Displacement
Maximum Power
Compression Ratio
Maximum Torque
Max speed
Starting
Cooling
:
:
:
:
:
:
:
Single Cylinder, forced air cooled with
Oil Cooler
395 CC
7.53 HP @ 3200 rpm
8.5:1
18.78 Nm @ 2000 rpm
50 km ph
Self start
Forced air plus cooled
34
Transmission
Front
:
Rear
:
Chassis
:
Dual action hydraulic telescopic shock
absorber with heical springs
Robust triangular arm, rubber
compression spring & hydraulic shock
absorber
Unique monocoque chassis design
with Pressed & stamped section
Weight
Pick up
460 kg s.
975 kg s.
Kerb weight
Gross weight
Delivery
495 kg s.
975 kg s.
Hi body
470 kg s.
975 kg s.
Tyres
Front
Rear
Brakes
4.5 * 10, 8 PLY
4.5 * 10, 8 PLY
:
Dual circuit hydraulic with auto
adjuster on front & rear, drum
brakes.
35
Electricals
System voltage
Battery
Alternator
Wiper motor
:
:
:
:
12 V
12 V, 35 AH
Fly wheel mounted
12 V
Dimensions ( In mm )
Wheel Base
Overall length
Max. width
Max. height
Cargo bed
Turning circle
radius
Track width
Pick up
1920
2930
1490
1635
1480 * 1400
2750
Delivery
Hi body
1920
1920
2965
2965
1495
1495
1750
1750
1480*1400*1065 1480*1400*1065
2750
2750
1260
1260
1260
Fuel tank
4 kg s. (approx)
3 Liters.
Gas
Petrol (Limphome)
36
ADVANTAGES
The ape1.0tonner can be easily customized to meet end use
applications and transport needs you name it we have it.
Dual circuit hydraulic brakes for fail safe braking.
Powerful headlamps and switch operated wiper.
Anti-theft steering lock.
Maximum Loadability
Maximum Mileage
Ideal for Intra city Traffic
Lowest Maintenance Cost
37
ape
Xtra
TECHNICAL SPECIFICATIONS
Engine
Type
Displacement
Maximum power
Compression ratio
Torque
Fuel consumption
Max speed
Starting
Cooling
:
:
:
:
:
:
:
:
:
Four stroke,
395 cc
8 bhp @ 3600 rpm
18:1
16.7 Nm @ 2500 rpm
36 + 4 km/ liters
50 Km/ hr
Sell start
Air – cooled
Transmission
4 Forward, 1 reverse, constant mesh type with wet, multi plate clutch
38
Suspension
Front
:
Rear
:
Anti-drive link with dual action shock
absorber.
Variable section rubber spring mounted
on triangle with shock absorber.
Chassis
Monocoque chassis stamped and weided
Tyres
4.5 * 10-8 PR
Brakes
Dual circuit hydraulic operated drum brake, with self adjustment brake
Device
Electricals
System voltage
Battery
Alternator
Wiper motor
:
:
:
:
12V D.C.
12V, 50 AH.
Fly wheel mounted
12V
Fuel Tank
10 + 0.5 liters
10 - 0.5 liters
39
Colours
Passion Maroon, Brilliant Green, charming Blue, Sahara Yellow, Blanco
White and Golden Yellow.
Weights
Kerb weight
Gross weight
Ape High Body
( in Kg )
440
975
Ape DV
( in kg )
435
975
Ape PV
( in Kg )
415
975
Ape High Body
( in mm )
1920
2965
1490
1750
1480*1400*1750
Ape DV
( in mm )
1920
2965
1495
1750
1480*1400*1065
Ape PV
( in mm )
1920
2930
1490
1635
1480*1400
2750
1260
770*400
2750
1260
770*400
2750
1260
770*400
Dimensions
Wheel base
Overall length
Max width
Max height
Cargo bed
( L*W )
Turning radius
Track width
Size of driver
seat
40
ADVANTAGES
The best on-road mileage 36+4 km/ ltr i.e. Just Re.1 per km.
Mileage and acceleration unaffected by heavier loads or low speed.
Achieves a top speed of 50 km/ hr.
Transports greater variety and larger volumes of cargo than all other
3-wheelers in its category.
Load carrying capacity of over 600 kilograms with much larger
Platform and flat bed tray to carry more.
Fixed or foldable side panels – makes loading and unloading easy.
41
ape
AUTO
RICKSHAW
TECHNICAL SPECIFICATIONS
Engine
Tyre
:
Maximum power
Fuel Consumption
Max Speed
Starting
Cooling
:
:
:
:
:
Single Cylinder, Four Stroke, Diesel
Displacement 395 CC
8.0 bhp@ 3600 rpm
36 +- 4 km/ liter
55 km ph
Electric, Self start
Forced air cooled
42
Transmission
Gear Box
Clutch
Maximum Grad ability
Suspension Front
:
:
:
:
Rear
:
Chassis
:
Weight (kgs)
:
Tyres
:
Steering
Brakes
:
:
Parking brakes
:
4 forward, 1 reverse
Wet multidisc type
21%
Leading link, helical compression &
hydraulic shock absorber
Triangular arm, rubber compression
spring & hydraulic shock absorber
Uniquely designed monologue
chassis, stamped and welded with
main center beam, cross member
and two longitudinal beams
Kerb weight 405 kgs
Gross weight 725 kgs
4.50” * 10”, 8 PR, spare wheel
under driver’s seat with lock
Handle bar type
Duel circuit hydraulic brakes,
expansion type on all wheels with
tandem master cylinder
Mechanical type
Electricals
Battery
Head lamps
Windscreen wiper
:
:
:
Dimensions (mm)
:
12V – 50 AH
Twin 35 W
Single speed, monoblade, switch
operated
Wheel Base
1920
Max. length
2940
Max. width
1465
Max. height
1750
Turning circle radius
2750
43
Other features
Fuel Tank
Front windscreen
Safety
:
:
:
Meters
Standard accessories
:
:
10.5 + 0.5 Liters
Single piece
Anti theft lock, Fuel tank lock,
Battery lock, Stepney lock
Speedometer, Fuel gauge meter
Jack, Glove box compartment
fitments
44
ADVANTAGES
World class after sales service backed by PIAGGIO’S professional
Expertise and training.
World class service at well equipped, fully automated dealer
workshops and service centers manned by factory trained technicians
400 outlets that offer you an exclusive service experience from 200
Dealers and 200 service outlets.
Ready availability of reasonably priced spare parts.
45
MODEL NAME AND PRICE
MODEL
BASIC
INSURANCE
RTO
ROAD
TAX
ON
ROAD
Price
AUTO
RICKSHAW
154399
4771
7404
727
167301
APEXTRA
LD
160399
5552
13154
727
179832
APEXTRA
BS.3
166399
6152
13754
727
187032
APEXTRA
154399
5448
12754
727
173328
ELIVETY
VAN XTRA
162399
5587
13654
727
182367
APECNG
XTRA
171399
6030
12154
727
190310
NG HIGH
BODY
175399
6314
12454
727
194894
PE TRUK
264599
13306
19376
2707
294388
PE TRUK
PLUS
299733
13306
19376
2707
335122
46
MEANING OF FINANCE
PROFIT & TURNOVER
BALANCESHEET OF ape PIAGGIO
47
DEFINITION OF FINANCE
1. PLANNING FOR FINANCING:
Two types of financing as Long Run Financial Planning
and Short Run Financial Planning. Long term planning is meant for 5
to 10 years. And short term planning is for two years. Generally the
company is not choosing the long term planning, short term planning
is accepted. The funds are generally generated from short term
sources and from loan.
2. CAPITALIZATION:
Capitalization means the process of building up of a
capital structure and obtains the sources to mobilize the capital in the
form of plant and land, fixed assets etc.
The company is said to be under capitalization because
the company is not earning sufficient income to meet its fixed and
variable cost.
48
PROFIT AND TURNOVER
PARTICULARS
GROSS TURNOVER
GROSS PROFIT
NET PROFIT BEFORE
DEPRECIATION
DEPRECIATION
NET PROFIT
Rs. In crores
2005-2006
2006-2007
410
598
32.8
47.84
2.28
3.78
0.82
1.46
1.2
2.58
ape PIAGGIO BANKERS:
ape PIAGGIO enjoys various credit limits, both short term
and long term, from following reputed financial institutions:




ICICI bank Ltd.
HDFC bank Ltd.
Bombay mercantile Co-op. bank
Gujarat industrial Co-op. bank
Ape PIAGGIO good relationship with these banks has
earned us goodwill & promptness in obtaining further credit as per our
requirements.
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BALANCE – SHEET OF ape PIAGGIO
Cash And Cash
Equivalents
Short Term Investments
Net Receivables
Inventory
Other Current Assets
Total Current Assets
Long Term Investments
Property Plant and
Equipment
Goodwill
Intangible Assets
Accumulated Amortization
Other Assets
Deferred Long Term Asset
Charges
Total Assets
Accounts Payable
Short/Current Long
Term Debt
Other Current
Liabilities
Total Current Liabilities
Long Term Debt
Other Liabilities
Deferred Long Term
Liability Charges
Minority Interest
Negative Goodwill
Total Liabilities
Misc Stocks Options
35,283,000
28,894,000
8,863,000
10,121,000
54,267,000
160,676,000
36,239,000
8,772,000
11,578,000
49,244,000
136,378,000
38,505,000
1,504,000
565,000
22,513,000
3,500,000
5,839,000
30,932,000
12,706,000
4,950,000
279,264,000
44,411,000
-
278,554,000
24,416,000
-
4,093,000
28,128,000
48,504,000
168,530,000
50,158,000
5,023,000
52,544,000
172,049,000
51,477,000
4,790,000
1,421,000
273,636,000
-
1,159,000
282,019,000
-
50
Warrants
Redeemable Preferred Stock
Preferred Stock
Common Stock
Retained Earnings
Treasury Stock
Capital Surplus
Other Stockholder Equity
Total Stockholder Equity
Net Tangible Assets
22,000
(1,485,000)
(185,000)
7,834,000
(558,000)
5,628,000
$3,559,000
19,000
(17,000)
(183,000)
4,562,000
(7,846,000)
(3,465,000)
($40,236,000)
COMMENT:
Current ratio is the common ratio for measuring liquidity. It
shows the current assets and liabilities of ape PIAGGIO the ratio of ape
PIAGGIO is not well for all years because its current assets are very less in
front of its liabilities.
51
MEANING OF H.R.M
MEANING OF RECRUITMENT
MEANING OF SELECTION
52
H.R PLANNING
TRAINING & DEVELOPMENT
53
54
Human resources of management may be defined as “a set of polices,
practices, a programs designed to maximize both personal and organization
goals.”
“It is process of binding people and organization together so those
objectives of each are achievement.”
According to FLIPPO, personal management or HRM can be defined
as“The planning , organizing, directing and controlling of procurement,
development, development, compensation, integration, maintenance and that
individual organization and social objectives are accomplished.
Dealership of 4 wheelers running since last 3 years. Trading of
vehicle, repairing of vehicle and sales of accessories are the main
activity of the organization approximately 150 employees are there in
organization second ford company is well-known on world level and
its certain products are selling in India APE PIAGGIO is a dealer of
ford company.
ape PIAGGIO is a Pvt. Ltd company & there is a 1 director in a
company & a company is register under company law.
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There are 142 male & 8 female in ape PIAGGIO
Application for various post are invited through advertisement &
recruitment after proper arranging proper interview for long term
bases, employees who want to leave organization have to give proper
resign before 1 month
After every 3 month all employees performance is checked proper &
reporting to management At the time of promotion, performance
report is strictly chec
Salary/wages counting after month competition & co. has appointed
consultant for salary, PE, ESI etc. counting payment of salary/wages
does through bank after get salary from consultant.
Company provide uniform to employee, company arrange the picnic
half yearly for all employee, company all provide breakfast, dinner at
the time of overtime, company also provide tea-coffee to the
employee.
Company gives incentive to all employees, as per different method in
different department, which is based on sales, service, performance,
profitability, business.
Company follows safety rules as per factory act & keeping first aid kit
when it require.
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“Recruitment is understood as a process of searching for and
obtaining application for job, from among whom the right people can be
selected.”
1. Recruitment and Selection:
The ape PIAGGIO follows the policy of “Rationalization” i.e. it
selects candidates from inside the organization. Therefore there is no
need to recruit or select more people from outside the organization.
But when there is any vacancy in the organization, the process is as
under:
Ask for the job to the head of the department
Answer from the head of department
When inquiry comes from Head for filling the vacancy, if they require
the person, they give answer for filling that vacancy and job
specification.
Send notification form to the employment exchange. According to the
job specification, they send compulsory notification form of vacancy
to the nearest employment exchange. The form includes all the
matters relating to the job and wait for the answer of employment
exchange.
If there is no applicant in exchange the company is giving the
advertisement on newspaper like “Gujarat Samachar” and “Times of
India”.
Then Interview, Selection and Training steps are taken by the
company.
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2. Personal Records:
The company maintains wide range of records containing
detailed information about employment, promotions, transfer,
training, welfare activities, wage, employee service etc. it also
maintain personal data of every employee.
Name of the employee
Local and permanent address
Appointment of service job
Detailed about past
Educational Qualification
Promotion, Awards and other achievements
Personal detail like marital status, gender etc.
3. Other facilities:
The ape PIAGGIO providing other extra facilities to the
employs like traveling concession, uniform facility, benefit on loan,
insurance benefit, benefit of deposit, medical benefit for the staff
members etc.
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4. Training and Management Development:
The ape PIAGGIO is a biggest dealer of truk. It also provides
services to the truk. It is an automobile and service organization. The
company is providing the training to all newly recruited employs. It
has its own training centre for providing various types of training to
the employs. The training is divided in to two parts:
Technical training is generally provided to all the employs, it is
generally for two months.
“Administrative and marketing training” is generally provided to
the sales and administrative employs. The time period of this training
is generally one month.
5. Promotion policy:
The company gives promotion on the basis of performance and
seniority, experience and efficiency of the worker. The promotion is
provided yearly on the basis of seniority.
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6. Wage and Salary Administration:
The company gives wages and salary to the employs by their
seniority. Pay slips are sent to the concerned to the sectional head or
head of the department. Two days before the closure of month for
distribution amongst their employs. Salaries or wages are credited in
the respective bank account of the employs one day before the closure
of month.
7. Provident Fund Scheme
The ape PIAGGIO has also the provident fund facility for their
employs. The company has opened provident scheme in the ICICI
Bank.
8. Grievance Handling Procedure:
Any employee desirous of redress of a grievance arising out of
his employment or relating to unfair treatment or wrongful exaction
on the part of superior, he should himself submit a complaint.
60
SELECTION
“Selection means choosing an eligible candidate from all the
applicants. “Selection is the process of differentiating between applicants in
order to identify and tire those with a greater likelihood of success in a job.”
The Selection Process is concerned with determining whether an
applicant meets with all the qualification need to perform a particular job. It
means right person a right place. It is very important because of a wrong
person is selected it will cost to the company. Need of selection would be
arise when vacancies are made in organization. Procedure for selection is
differing from organization to organization and from job to job.
Process of selection :Reception of Applications
Preliminary Interview
Application Blank
Psychological Test
Interview
Reference Check
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Final Interview
Physical Examination
Placement
HR Planning
“HRP is a process of striking balance between human resources
required and acquired in an organization.”
“HRP is the process of forecasting firm’s future demand for, and
supply of, the right type of people in the number.”
“HRP is a sub system in the total organizational planning.”
Training and Development
Training makes the employees aware about the basic facts of their jobs and
the work environment in which they are supposed to work.
“Training is a process of increasing the knowledge and skill for doing a
particular job.”
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Limitation of the study
 As the company is facing lack of adequate demand for its products the
company is unable to utilize its human resource optimally. As a result
even it can be said that the human resource of the company is not fully
utilized.
 The Analysis of the Report is based on my direct observation and
secondary data, it may be wrong in view of others.
 The Study was conducted in the co-operative atmosphere but
confidential data are not provided by the company like financial data.
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During my training. I found that this company is in strong
position. This company has scientific & flexible management. The relation
between staff & owner are looking better. There is good coordination &
confidence. In company management, feeling that company’s main aim is to
provide best services to customer.
I thanks to the ape PIAGGIO PVT LTD for providing such a
detailed and wonderful information and guidance to me, I wish best of luck
ape PIAGGIO PVT LTD for better future.
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Human
Resour
ce
Manag
er
www.PIAGGIO. India. In (surfing Date: 6/5/2010)
www.ape PIAGGIO.co.in
www.ape PIAGGIO TRUK.co.in
65